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Tax invoices, customer accounting tax invoices, receipts and credit notes are common documents issued when billing your customers. These documents serve as important records of business transactions between you and your customers.
GST-registered businesses must display and quote prices inclusive of GST. If both GST-inclusive and GST-exclusive prices are displayed, the GST-inclusive price must be displayed at least as prominently as the GST-exclusive price.
GST-registered businesses must keep proper business and accounting records for at least 5 years to support GST declarations.
